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For new mortgages, if the downpayment or equity is less then 20% of the purchase price, the amortization cannot exceed 25 years and the maximum purchase price must be less than $1,000,000.
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6951 196 Street, Surrey
MLS®: R3054471
2986
Sq.Ft.
5
Baths
6
Beds
3,003
Lot SqFt
2009
Built
Description
Investor & First-Time Buyer Alert! This well-kept 6-bed, 5-bath home offers nearly 3,000 sq.ft. of flexible living space and earns $5,800/month in rental income! Enjoy a bright open-concept layout with a modern kitchen, large island, and sunny patio—perfect for gatherings. Upstairs features 3 spacious bedrooms, including a luxurious primary suite. A 2-bedroom basement suite and 1-bedroom coach house provide excellent mortgage helpers. Nestled on a quiet Clayton street close to schools, parks, shopping, and transit, this property blends comfort, versatility, and strong income potential—live in one unit and rent the rest!
Taxes (2025): $6,127.52